How it works


Open an M1 account that matches the account type you’re transferring.

Upload your documents securely through our encrypted form.
It only takes 4 minutes.

Complete steps 1 and 2 by November 13, 2020 to receive your transfer bonus.e

What’s your transfer bonus?



$3,125


when you transfer
an account of
$1,000,000+
.



$1,250


when you transfer
an account of
$500,000 to $999,999.99



$625


when you transfer
an account of
$250,000 to $499,999.99



$312.50


when you transfer
an account of
$100,000 to $249,999.99



$125


when you transfer
an account of
$20,000 to $99,999.99



$25


when you transfer
an account of
$10,000 to $19,999.99.


You must initiate your transfer of another brokerage account by 11/13/2020 at 11:59 p.m. ET to receive a bonus.


More than $500 million in transfers


10,000+ savvy investors have transferred to M1 from places like Vanguard, Fidelity, Charles Schwab, and Betterment, among others.

May not be representative of the experience of other customers.

It is truly the best of both worlds: the choice of securities like traditional brokers as well as the automation of modern robo-advisors.

Michael M.


How does M1 compare?


M1 Finance
with M1 Plus
Online brokers
Like Charles Schwab
Robo-advisors
Like Betterment
Account automation
Full
Little to none
Full
Fractional shares
Yes
No
Availability varies
Portfolio customization
Full
Full
Little to none
Portfolio line of credit
2%
8-10.75%
Availability varies
Checking APY
1%  info icon
0.20%
N/A
Checking cash back
1%
None
N/A
Management fee
None
None
0.25-0.50% of assets
Annual fee
$125
$0
$0

Account protection with peace of mind


Securities in M1 Invest accounts are insured up to $500,000 by the SIPC.


M1 Spend checking accounts may be insured up to $250,000 by FDIC insurance.


We are a technology-first company that utilizes the latest in information security.

What are you waiting for? Get started today.


Transfer a brokerage account to M1 and earn up to $3125 

From October 1, 2020 through November 13, 2020, transfer a brokerage account or IRA to M1 and earn up to $3,125. Here’s how to get started: 

  1. Get a copy of a recent account statement from your brokerage. 
  1. Ensure you have an account open at M1 that matches the account type you’re transferring (e.g. if you are transferring securities from a joint brokerage account, you’ll need a joint brokerage account open at M1) 
  1. Submit a transfer request from another brokerage account during promotion period (10/1/2020 12:00 a.m. ET – 11/13/2020 11:59 p.m. ET). Click here to get started. 
  1. Promotional credits will be paid to eligible clients on February 16, 2021. 

Eligibility 

  1. M1 clients who have transferred a brokerage account to M1 prior to 10/01/2020 are eligible to participate in M1 Finance’s October Transfer Promotion. 
  1. Clients who have previously transferred a brokerage account to M1 and subsequently transferred out of M1 are not eligible for this promotion. 

TERMS AND CONDITIONS

This offer is only valid for M1 customers who have completed an Automated Customer Account Transfer Service into an M1 account before October 1, 2020. The M1 account must receive instructions to complete an Automated Customer Account Transfer Service (“ACATS”) no later than November 13, 2020 at 11:59 pm EST. Any unsuccessful ACATS will be deemed ineligible.

This offer is not transferable, is not valid with internal transfers, and is not valid in conjunction with certain other offers.   

Cryptocurrency is not eligible for ACATS. Additionally, any security transferred via ACATS that is not traded by M1 will be liquidated, including but not limited to Mutual Funds and Over-The-Counter securities.

Offer applies to qualifying direct account transfers from brokerages/firms initiated between 10/1/2020 at 12:00 a.m. ET and 11/13/2020 at 11:59 p.m. ET via the ACATs system. Promotional payment will be deposited into the M1 Invest Account receiving the ACAT no later than 2/16/2021.  

Account value of the qualifying account must remain equal to, or greater than, the value after the net deposit was made (minus any losses due to trading or market volatility or margin debit balances) for 60 days. M1 Finance may charge the account for the cost of the offer at its sole discretion. M1 reserves the right to restrict or revoke this offer at any time. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business.  

Taxes related to M1 offers are your responsibility. All Promotional items and cash received during the calendar year will be included on your consolidated Form 1099. You are encouraged to consult a legal or tax advisor for the most recent changes to the U.S. tax code and for rollover eligibility rules.  

Through the M1 Finance Transfer Promotion Program you have the opportunity to earn a promotional credit based on the account value: 

Account ValuePromotional Credit
$10,000 – $19,999.99 $25
$20,000 – $99,999.99 $125
$100,000 – $249,999.99$312.50
$250,000 – $499,999.99$625
$500,000 – $999,999.99$1,250
$1,000,000+$3,125

The account value is determined as the current market value of all holdings and cash on the day the transfer is completed. 

Promotional value is available for transfers submitted via ACATs. ACH deposits (bank transfers), and 401(k) rollovers are not eligible for promotional credits. Promotional credits will not be applied for any transfer which has completed retroactively. The promotional amount will be based on the aggregate value of all brokerage accounts or IRAs transferred. 

This promotion is not valid with any other offers and is non-transferrable. Offer available to U.S. Citizens and Permanent Residents only. M1 reserves the right to terminate this offer at any time, to limit the amount of account bonuses you are eligible to receive, and to refuse or recover any promotion award if M1 determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided, or that any terms of the M1 Terms of Use or Account Agreement have been violated. 

You agree that your participation in the M1 Finance Transfer Promotion Program will conform to the terms contained herein as well as the provisions of the Investment Advisers Act of 1940, 15 U.S.C. § 80b-1, and the rules there under. You hereby represent that: (1) you are not subject to any statutory disqualification set forth in Sections 203(e) and 203(f) of the Investment Advisors Act (or any amended or replacement regulatory provision(s)); (2) you are not currently the subject of any investigation or proceeding which could result in statutory disqualification; and (3) you do not have a “place of business” at which you regularly provide investment advisory services, solicit, meet with, or otherwise communicate with clients, or any other location that is held out to the general public as a location at which you provide investment advisory services, solicit, meet with, or otherwise communicate with clients in any U.S. state. If you cannot accurately make the preceding representations, you may not participate in the M1 Finance Transfer Promotion Program. If you are currently participating in the M1 Finance Transfer Promotion Program and the preceding representations become inaccurate, you agree to immediately inform M1 at  support@m1finance.com

Check the background of M1 Finance LLC on FINRA's BrokerCheck

By using this website, you accept our  Terms of Use  and  Privacy Policy  and acknowledge receipt of all disclosures in our  Disclosure Library. All agreements are available in our  Agreement Library. M1 relies on information from various sources believed to be reliable, including clients and third parties, but cannot guarantee the accuracy and completeness of that information. M1 refers to M1 Holdings Inc., and its affiliates. M1 Holdings is a technolo- gy company offering a range of financial products and services through its wholly-owned, separate but affiliated operating subsidiaries, M1 Finance LLC and M1 Spend LLC.

Brokerage products are: Not FDIC Insured • No Bank Guarantee • May Lose Value

M1 Plus is an annual membership that confers benefits for products and services offered by M1 Finance LLC and M1 Spend LLC, each a separate, affiliated, and wholly-owned operating subsidiary of M1 Holdings Inc. “M1” refers to M1 Holdings Inc., and its affiliates.

All investing involves risk, including the risk of losing the money you invest, and past performance does not guarantee future performance. Borrowing on margin can add to these risks, and you should  learn more  before borrowing. Nothing in this informational site is an offer, solicitation of an offer, or advice to buy or sell any security and you are encouraged to consult your personal investment, legal, and tax advisors.

Brokerage products and services offered by M1 Finance LLC, an SEC registered broker-dealer and Member  FINRA /  SIPC.

No minimum balance to open account. No minimum balance to obtain APY (annual percentage yield). APY valid from account opening. Fees may reduce earnings. Rates may vary.

M1 Spend checking accounts furnished by Lincoln Savings Bank, Member FDIC. M1 VisaTM Debit Card is issued by Lincoln Savings Bank, Member FDIC.
All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

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